Public Investment Corporation (PIC) Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

Head: Investment Management

• Position: Head: Investment Management
• *Job Grade: E4-F1
• Ref: HIM270625
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
The position’s primary role is to lead the division and provide strategic direction in fulfilling the PIC mandate as an Investment Manager.

Requirements:
Minimum Qualifications :

• Honours degree (finance, engineering, legal) and relevant commerce or science degree
• Minimum 15 years relevant experience of which at least 5 years must be in management
• Corporate finance, Private Equity, Management Consulting/Corporate Advisory and
  Investment experience is essential
• Extensive portfolio management experience and proven track record in driving value creation
  within private market investments
• FAIS Representative

Preferred Qualifications :

• Post graduate qualification CFA Charter holder / MBA (Finance) / M.Com/ MFI/ MSc / CA /
  Engineering and/or any relevant Master’s degree or professional qualifications

Minimum Technical/Core Skill Requirement

• Investment management experience
• Corporate Advisory
• Corporate finance and transaction structuring
• Extensive Portfolio Management and Value Creation experience
• Deal-making experience
• Corporate Finance
• Mergers & Acquisitions

Duties:

• To provide strategic vision, leadership and management of the Investment Management
  division
• Strategy formulation, implementation, review and adaptation
• Lead and coordinate portfolio management and value creation activities of all Unlisted
  Investments to maximise the shareholder or client’s value.
• Develop and implement functional relationships with other investors and stakeholders.
• Develop and implement a value creation strategy for the business unit and portfolio
  companies, including exit planning.
• Provide team leadership to manage investments in an efficient manner (i.e. quick turnaround,
  staff productivity)
• Stakeholder management
• Risk Management (manage enterprise risks), compliance and reporting.
• Lead and coordinate investment operations to ensure processes are efficient and effective.
• Lead a dynamic team of professionals.

Competencies and skills:

• Leading and Supervising
• Negotiating
• Complex Problem-Solving
• Deciding and Initiating Action
• Formulating Strategies and Concepts
• Persuading and Influencing
• Delivering Results and Meeting Expectations
• Business acumen
• Presenting and Communicating Information (verbal and written)
• Emotional Intelligence

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 11 July 2025

• Grade Range: The grade range for this position is from E4-F1, commensurate with applicable
  minimum requirements.

The PIC is an equal opportunity employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae, quoting the position reference number,
to: Recruitment6@pic.gov.za

Portfolio Management and Valuation Associate (Isibaya) x2

• Position: Portfolio Management and Valuation Associate (Isibaya) x2
• *Job Grade: D1-D5
• Ref: PMVAI200625
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To maximise the value of assets under management by managing the portfolio of assets, monitoring and
driving the performance of the investments.

Requirements:
Minimum Qualifications :

• Honours Degree (finance, engineering, legal) or any other relevant commerce or engineering
  degree
• 4-5 years of relevant experience in unlisted investments (deal-making or advisory)
• Knowledge of Investment and Credit Risk Assessment
• Knowledge of Financial Analysis and Interpretation
• Experience in Investment Analysis and Financial Modelling
• FAIS RE 05 Certificate or must be obtained within 6 months of employment

Preferred Qualifications :

• Post Graduate Degree (finance, engineering, legal) or any other relevant commerce and
  science degree
• CA or CFA

Minimum Technical/Core Skill Requirement

• Credit risk and investment assessment
• Financial analysis and interpretation
• Investment performance monitoring, review and analysis
• Investment Report writing
• Negotiation and deal structuring
• Financial modelling, returns and scenario analysis skills
• Demonstrable deal-making experience (Debt, equity and/or quasi-equity)
• Portfolio/Post-investment management (unlisted investments)
• Portfolio company value-add

Duties:

• Develop and implement post-investment plan for the portfolio companies
• Ensure the timeliness and quality of complex portfolio actions to maximise the value of assets
  under management (such as restructuring, follow-on investments, debt conversion,
  rescheduling, amendments, and regular waivers).
• Build, maintain and manage high-level relationships with investee companies and other
  stakeholders; conduct regular client visits and ensure client satisfaction.
• Monitor investments, review and analyse performance and compliance of investment.
• Conduct active investment management focused on value add and successful exits.
• Design and implement exit plans for investment companies.
• Collect and conduct a review of portfolio company performance, and analysis of investee
  company reports (such as AFS, Management Accounts and management reports).
• Prepare portfolio company reports and portfolio action appraisal reports.
• Provide early warning signals for investments and implement remedial action.
• Contribute to knowledge management process (development of lessons learnt and best
  practices)
• Research and sectorial analysis to keep abreast with industry trends to identify growth
  opportunities and areas of concern.

Competencies and skills:

• Ability to present and Communicate information
• Excellent writing and reporting skills
• Negotiation skills
• Interpersonal skills
• Planning and organising
• Delivering results and meeting customer expectations
• Ability to cope with pressures and setbacks
• Strong quantitative and qualitative analytical skills to make sound investment decisions
• Self-starter
• Problem-solving skills and ability to innovate
• Work efficiently under pressure and ability to meet tight deadlines
• Willingness to share information, teach and learn from others. A team player.

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.
Closing Date: 04 July 2025

• Grade Range: The grade range for this position is from D1-D5, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
  Equity plan.
  Please forward a copy of your comprehensive curriculum vitae quoting “PMVAI220824” in the subject line
  to: Recruitment6@pic.gov.za

Investment Associate: Multi-Management: Private Markets

Position: Investment Associate: Multi-Management: Private Markets

*Job Grade: D1 – D5

Ref: INVA019

Salary: All-inclusive remuneration package negotiable

Centre: Public Investment Corporation, Pretoria

Purpose of the role:
As part of the Multi-Management: Private Markets team; the incumbent will assist the Head of MultiManagement: Private Markets in providing leadership and strategic vision for the fund investment business.

Requirements:

• Honours degree (Hons) (e.g. BCom, BAcc, B Bus, BSc, etc in financial management, finance,
  investment management or related equivalent qualification)
• A Master’s degree qualification would be advantageous
• 4 to 6 years of investment experience. Private equity, fund of funds or multi-manager
  experience would be advantageous
• Private equity industry knowledge
• FAIS RE 05 Certificate or must be obtained within 6 months of employment

Duties:

• Deal sourcing – assist in identifying investment partners and opportunities
• Deal screening – desktop analysis of investment opportunities
• Preparation of preliminary scoping reports
• Assist the transaction lead throughout the investment process
• Assist in conducting and coordinating due diligence on potential investment opportunities
• Assist the transaction lead in structuring and pricing transactions
• Assist the transaction lead in the negotiation of term sheets
• Preparation of appraisal reports
• Review and comment on transaction agreements
• Participate in the implementation and disbursement process
• Assist the transaction lead in the handover of approved transactions to various divisions
  including portfolio management
• Ongoing monitoring of a portfolio of funds, including review of quarterly reports, valuation,
  risk management, compliance, and reporting
• Participate in the exit process for transactions

Competencies and skills:

• Investment analysis
• Basic financial modelling skills
• Planning and organising skills
• Time management
• Research and analytical skills
• Commercial skills
• Writing and presentation skills
• Interpersonal and communication skills
• Problem-solving

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 27 June 2025

• Grade Range: The grade range for this position is from D1 – D5, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
  Equity plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Divisional Administrator

• Position: Divisional Administrator
• *Job Grade: C1-C5
• Ref: DALE200625
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To provide administrative services to the Listed Equities team in the execution of their duties.

Requirements:
Minimum Qualifications :

• Grade 12
• 2-3 years relevant experience
  Preferred Qualifications :
• Diploma
• Professional Body/Association
  Minimum Technical/Core Skill Requirement
• Computer Literacy (MS Word, Excel and PowerPoint, internal company systems)
• Understanding of governance requirements of PIC

Duties:

• Provide administrative support to the teams by devising and maintaining office systems and
  but not limited to: document preparations for meetings, diary management, coordination of
  meetings, accurate minute taking, etc.
• Coordinate and facilitate timeous submissions to specified Committees.
• Arrange, coordinate and facilitate meetings as instructed.
• Follow up on transaction disbursements and service provider’s payments to ensure payment
  is made within agreed timelines.
• Manage local and international travel requests by the team and expense budget and ensure
  correctness in making travel arrangements.

Competencies and skills:

• Good Interpersonal skills
• Excellent verbal and written communication
• Ability to work systematically
• Ability to deal with stress/pressure
• Detail oriented

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.
Closing Date: 04 July 2025

• Grade Range: The grade range for this position is from C1-C5, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
  Equity plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment6@pic.gov.za

Click here to apply

We wish you all the best with your applications